With Wall Street abuzz about Apple’s new product launch, which included a new, high-end iPhone model, CNBC’s Jim Cramer wanted to clear the air for those wondering if they should trade or invest in the tech giant’s stock. “Investing and trading require two very different mindsets. When you invest, you’re going in for the long […]
Read moreIt’s that time again! Jim Cramer rang the lightning round bell, which means he gave his take on callers’ favorite stocks at rapid speed: Qualcomm: “Candidly, I’ve actually not been a fan since they started fighting with Apple. Because you don’t pick a fight with Apple and that’s what Qualcomm’s done. And I’ve got to […]
Read moreRetail stocks are slowly coming back after weeks in the doghouse, and CNBC’s Jim Cramer wondered if one high-profile deal contributed to the bounce. “Now that it looks like Nordstrom could soon be taken private by the Nordstrom family aided by the leveraged buyout guys at Leonard Green, will there be a re-valuation of all […]
Read moreWith Wall Street abuzz about Apple’s new product launch, which included a new, high-end iPhone model, CNBC’s Jim Cramer wanted to clear the air for those wondering if they should trade or invest in the tech giant’s stock. “Investing and trading require two very different mindsets. When you invest, you’re going in for the long […]
Read moreA U.S. House panel said Wednesday the chief executive of Equifax will testify about a massive data breach that impacted up to 143 million Americans at an Oct. 3 hearing, as the company’s shares fell another 14.6 percent amid pressure on the company to explain its handling of the hack. The company’s shares have fallen […]
Read morePresident Donald Trump on Wednesday issued an order blocking a group that includes a Chinese venture capital firm from purchasing Lattice Semiconductor Corp., citing national security concerns. Such a decision is rare, and Trump’s move marks only the fourth time in the past 27 years that a president has blocked a deal like this. In […]
Read moreWall Street rarely likes to talk about mistakes, but Goldman Sachs admitted it underestimated the strength of the memory chip market when it downgraded Micron shares in May. The firm reversed course and raised its rating for chipmaker’s shares on Tuesday to buy from neutral, predicting the company will generate earnings above Street expectations in […]
Read moreTop Wall Street technical analyst Louise Yamada said her models suggest stocks are way overdue for a big pullback. “The run from 2009 to 2015 was probably the completion of an entire part of the bull market. We had a pretty decent corrective trend, it wasn’t a cyclical bear, but it was close,” said Yamada. […]
Read moreTop technical analyst Louise Yamada shared her thoughts on the equity markets and discussed her research findings that many technology stocks are “extremely extended” in an exclusive interview for CNBC PRO with Mike Santoli. On top sectors including technology: “It’s the top technology names that are actually doing very well. And we haven’t had [wider] […]
Read moreTesla’s vice president of business development is leaving the company. Diarmuid O’Connell spent 11 years at the firm. The news reported earlier Wednesday by Reuters was confirmed by CNBC. “For more than 11 years, Diarmuid has played an important role in helping Tesla grow from a small startup to a company with a presence around […]
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